RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NSTG
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NanoString Technologies stock price ended on $0.105 on Friday after losing 0%
(Updated on Feb 23, 2024)


Hold candidate since Feb 15, 2024 PDF
No changes to the price of NanoString Technologies stock on the last trading day (Friday, 23rd Feb 2024). During the last trading day the stock fluctuated 0% from a day low at $0.105 to a day high of $0.105. The price has been going up and down for this period, and there has been a -9.38% loss for the last 2 weeks.

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The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.

NSTG Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The NanoString Technologies stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.105 and $0.320. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

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Support, Risk & Stop-loss for NanoString Technologies stock

NanoString Technologies finds support from accumulated volume at $0.103 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $0.0985 (-6.50%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (NSTG) For The Upcoming Trading Day Of Monday 26th

For the upcoming trading day on Monday, 26th we expect NanoString Technologies to open at $0.105, and during the day (based on 14 day Average True Range), to move between $0.0431 and $0.168, which gives a possible trading interval of +/-$0.0622 (+/-59.09%) up or down from last closing price. If NanoString Technologies takes out the full calculated possible swing range there will be an estimated 118.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.103 (2.28%) than the resistance at $0.116 (10.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NanoString Technologies stock A Buy?

NanoString Technologies holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Open Broker Account

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Hold/Accumulate Unchanged

Predicted Opening Price for NanoString Technologies of Monday, February 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 26, 2024 Current price
$0.105 ( 0%) $0.105

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.105 .
R2 0.105 .
R1 0.105 .
Current price: 0.105
Support S1 0.105 .
S2 0.105 .
S3 0.105 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0.116 10.35 %
Current price 0.105
Support S1 0.103 -2.28%
S2 0.0917 -12.92%
S3 0 .
What is the symbol for NanoString Technologies Stock and on which exchange is it traded?
The symbol for NanoString Technologies is NSTG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell NanoString Technologies Stock?
NanoString Technologies holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy NanoString Technologies Stock?
NanoString Technologies Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NanoString Technologies Stock.

What's the current price of NanoString Technologies Stock?
As of the end of day on the 2024-02-23, the price of an NanoString Technologies (NSTG) share was $0.105.

What is the 52-week high and low for NanoString Technologies Stock?
The 52-week high for NanoString Technologies Stock is $11.02 and the 52-week low is $0.0505.

What is the market capitalization of NanoString Technologies Stock?
As of the 2024-02-23, the market capitalization of NanoString Technologies is 5.067M.

When is the next earnings date for NanoString Technologies?
The upcoming earnings date for NanoString Technologies is Feb 27, 2024.

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About NanoString Technologies

NanoString Technologies NanoString Technologies, Inc. develops, manufactures, and sells tools for scientific and clinical research in the fields of genomics and proteomics in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers nCounter Analysis System, an automated, multi-application, digital detection, and counting system. It provides nCounter MAX and FLEX systems that include Prep Station, an automated liquid handling component that process... NSTG Profile

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